I should have the same opportunity to invest in leveraged and inverse funds as wealthy investors and institutions. Adding additional 'tests' to determine my ability to invest appropriately is an unnecessary burden on me. I utilize some leveraged and inverse funds as a hedge during difficult markets like the one now. These proposed restrictions will only hurt my ability to manage my portfolio effectively and protect my retirement funds!
Michael Bolen Comment On Regulatory Notice 22-08
I should have the same opportunity to invest in leveraged and inverse funds as wealthy investors and institutions. Adding additional 'tests' to determine my ability to invest appropriately is an unnecessary burden on me. I utilize some leveraged and inverse funds as a hedge during difficult markets like the one now. These proposed restrictions will only hurt my ability to manage my portfolio effectively and protect my retirement funds!